Web3 domain name and identity platform SPACE ID recently passed the vote of SPACE ID DAO and decided to allocate stable coins worth 200,000 US dollars in the first round of Grant Program to support SPACE ID domain names to more application scenarios. These grants will be distributed through the SPACE ID Vault. SPACE ID has launched the Grant Program on May 9th this year, and the first phase of the Grant Program will end on July 31st. The scope of participants is applicable to wallets, DApps, tools, exchanges and other tracks. The standard of fund allocation depends on the domain name. The completeness of the integration, the use case of the domain name, the number of users of the product, etc. will be evaluated by the SPACE ID DAO committee, and the allocation amount for a single project will range from $200 to $5,000.